On Wednesday you could already feel holiday atmosphere on DAX. Index was moving slowly and movement range was only 150 pts. Although DAX tested 10,100 pts but then decreased quite fast below 10,000 pts. There were no emotions but bulls should be proud that they kept price above 10,000 pts. 22 out of 30 DAX companies gained, the most Infineon +1.97%, Adidas +1.78%. 8 companies lost, the most Deutsche Bank -2.87%.
In the afternoon data about US new homes sales showed up and it was better than expected. And as it is happening lately, good news caused decrease on Wall Street. S&P500 ended session with -0,64% score and NASDAQ -1,10%. Today’s session is last one in this week. We should expect some gains in the US because of holiday season.